The Race to Fix Aging Computer Systems Heats Up With AI’s Help April 24, 2025 By Anna Irrera Kresimir Mudrovcic and his team of programmers spend months on end trawling through computer code that can be three times...
Insurtech 1Fort Raises $7.5M to Support AI Binding Tech for Brokers April 17, 2025 1Fort, the AI platform for business insurance, announced it raised $7.5 million in an oversubscribed funding round led by Bonfire...
AI Weather Models Promise Super Granular, Specialist Forecasts April 14, 2025 By Mary Hui The weather forecasting industry has made big leaps in accuracy but has struggled with hyper-local predictions. But the proliferation of...
Microsoft Pulls Back on Data Centers From Chicago to Jakarta April 4, 2025 By Brody Ford, Dawn Lim, Olivia Solon and Faris Mokhtar Microsoft Corp. has pulled back on data center projects around the world, suggesting the company is taking a harder look...
Huge AI Data Center Planned for Pennsylvania Coal Plant Site April 3, 2025 By Simon Casey A huge natural gas-powered data center that will serve the growing demands of artificial intelligence is being planned for the...
Catastrophe Experts Tap AI to Tackle Soaring Insured Losses March 26, 2025 By Gautam Naik Insurers are betting on a suite of new AI-driven techniques to better predict surging losses from climate-driven weather catastrophes ranging...
States’ AI-Related Legislation Aimed at Insurance Is ‘Unfounded’, Says NAMIC March 25, 2025 By Chad Hemenway Policy discussions on the use of artificial intelligence in insurance are “unfounded” and “detrimental to policyholders,” according to a analysis...
AI Chatter Hits Record on European Earnings Calls Across Sectors March 24, 2025 By Chloé Meley The chatter around artificial intelligence on earnings calls in Europe is scaling new peaks as even companies beyond technology-related sectors...
Gen AI Is Shaking Up Underwriting, but Can it Replace Human Judgment? March 21, 2025 By Elizabeth Blosfield Artificial intelligence technology has continued to evolve, and it’s affecting many areas of insurance from claims to underwriting to customer...
AI Is Turbocharging Organized Crime, EU Police Agency Warns March 20, 2025 By Mike Corder The European Union’s law enforcement agency cautioned Tuesday that artificial intelligence is turbocharging organized crime that is eroding the foundations...